Login

407 W 22nd Street, Lorain, OH 44052

Lorain
Local realty services provided by:CENTURY 21 Lakeside Realty
407 W 22nd Street,Lorain, OH 44052
$135,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tal tamir, benjamin peleg
Office: russell real estate services
MLS#:5205297
Source:OH_NORMLS

Price summary

  • Price:$135,000

About this home

Value-add opportunity with immediate lease-up potential at 407 W 22nd St in Lorain, offered exclusively as part of a 19-unit portfolio-no individual sales. This two-unit property features one occupied unit generating $995 per month with a lease in place through 3/31/26, while the second unit is currently vacant, providing upside through stabilization. Utilities are structured with the tenant responsible for electric and the owner covering water, sewer, and trash. The property offers a functional layout with solid rental demand in the area, supporting continued occupancy. A strong addition to a larger portfolio, this asset combines in-place income with near-term growth potential. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Subdivision & Development:Gilbert Hogans 03
  • Listing ID #:5205297
  • Added:94 day(s) ago
  • Updated:August 01, 2026 at 02:15 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:10
  • Basement:Yes

Structure and exterior

  • Year built:1900
  • Lot area:0.17 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$135,000
  • Tax amount:$1,404 (2025)

Parking

  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:1
MLS Logo

New listings near 407 W 22nd Street